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Tag Archives: LawCash

Lawsuit Loans Heating Up. Worth Watching.

Ready to Collapse

Last week I wrote about LawCash and Oasis Legal Finance being challenged in Colorado over their legal settlement funding approach. Yesterday the New York Times ran with a look at the legal settlement funding or lawsuit lending industry. It’s an interesting article worth reading. Ernesto Kho had pressing needs of his own. Medical bills had piled up after he was ... Read More »

    Colorado Attorney General Beats Back Legal Settlement Firms

    Colorado Attorney General John Suthers recently announced that his office has filed a counterclaim lawsuit against a series of Northbrook, Ill.-based companies and a Brooklyn, N.Y.-based business, accusing the companies of engaging in deceptive trade practices and unlicensed lending. “Settlement-advance companies are a growing issue in Colorado and across the country,” Suthers said. “Despite their labeling and assurances to the ... Read More »

      Colorado AG Sues Oasis Legal Finance and LawCash

      Ready to Collapse

      Colorado Attorney General John Suthers announced today that his office has filed a counterclaim lawsuit against a series of Northbrook, Ill.-based companies and a Brooklyn, N.Y.-based business, accusing the companies of engaging in deceptive trade practices and unlicensed lending. “Settlement-advance companies are a growing issue in Colorado and across the country,” Suthers said. “Despite their labeling and assurances to the ... Read More »

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